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CloseThe close is the period at the end of the trading session. Sometimes used to refer to closing price. Related: Opening.Close Similar MatchesClosed end management companyClosed end management companyAn investment company that has only a set number of shares of the mutual fund that it manages, and does not create new shares if demand increases. Antithesis of an open-end management company. Closed outClosed outPosition that is liquidated when the client does not meet a margin call or cover a short sale. Close end creditClose end creditAn agreement in which advanced credit plus any finance charges are expected to be repaid in full over a definite time. Most real estate and automobile loans are closed-end agreements. Closed end fundClosed end fundAn investment company that sells shares like any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open-end fund. Closely held corporationClosely held corporationIn the US, this refers to a corporation with only a small number of shareholders. Although a public company, shares would not normally be available for trading because of a lack of liquidity. Further Suggestionsclosed periodLimit on close order closed end fund Closed fund Undisclosed Principal Market on Close (MOC) order close market On the close order Buy on close Close market Closed economy At the close order Closed end management company close company Closer Economic Relations Closely held close out Closed end mortgage Closely held company Closed corporation |
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